VSE CORPORATION

VSEC ·Industrials, Consulting Services, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2009
Revenue $1.01B
Cost of Revenue $-3.0M
Gross Profit $1.02B
Gross Margin 100.3%
Operating Expenses
Research & Development
SG&A Expense $1.3M
Operating Income $38.5M
Operating Margin 3.8%
Interest Expense
Pretax Income $38.6M
Income Tax Expense $14.6M
Net Income $24.0M
Net Margin 2.4%
EPS (Basic) $2.34
EPS (Diluted) $2.34
Shares Outstanding (Basic) 10.3M
Shares Outstanding (Diluted) 10.3M
Dividends Per Share $0.10
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